Federal Perkins Loan

What is the Federal Perkins Loan?

The Federal Perkins Loan Program, more commonly known as Perkins Loans, are low-interest federal loans for undergraduate and graduate students with exceptional financial need.

How do I apply for a Federal Perkins Loan?

Under federal law, the authority for schools to establish new Perkins Loans ended on September 30, 2017, and final disbursements were permitted through June 30, 2018.

As a result, you can no longer apply for or receive Perkins Loans.

Do I have to pay back a Federal Perkins Loan?

Yes, Federal Perkins Loans do need to be repaid. If you are attending school at least half-time, you will have nine months after you graduate, leave school, or drop below half-time status to begin repaying your loan.

Financial aid at Goodwin University

At Goodwin University, we make it easy to understand the costs of your education before classes even begin.

To learn more about financial aid and discover how we can help you pay for college, visit us online or contact our Financial Aid team today!

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